Philippines - Net capital account

Net capital account (BoP, current US$)

The latest value for Net capital account (BoP, current US$) in Philippines was $101,496,500 as of 2014. Over the past 15 years, the value for this indicator has fluctuated between $164,000,000 in 1999 and $31,000,000 in 2004.

Definition: Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.